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20100901
20100930
Search Results 0 to 10 of about 11 (some duplicates have been removed)
's collapse and the ensuing crisis led to a new push to make banks safer. in the u.s. a sweeping financial reform bill signed into law in july imposed stricter capital requirements on banks, yet largely left u.s. regulators to determine those levels. now new international standards may be on the way. this weekend in basil, switzerland, central bankers from 27 countries including ben bernanke agreed to new rules that included substantially raising amount of capital that banks must hold in reserve. banks in the u.s. currently must hold about 2% of their assets in capital or equity to absorb losses in the event of runs or financial panics. under the so-called basil-3 agreement the new international standard would be 7% of assets. but banks would have until 2019 to implement it. the head of the european central bank said the move would help protect against another meltdown. >> what we have decided is commensurate to permit when we have all the standards in place to make the banking sector at a global level much more resilient. and i would say we think we are commensurate to the shocks that we
the country would say, "we're not there yet." if the election is about the policies that are going to move us forward versus the policies that will get us back into a mess, then i think the democrats will do very well. >> holman: one such policy is mr. obama's push to extend middle-class tax cuts, something he argued should garner bipartisan support. >> 97% of americans make less than $250,000 a year... $250,000 a year or less. and i'm saying we can give those families-- 97%-- permanent tax relief. now, that seems like a common- sense thing to do. and what i've got is the republicans holding middle-class tax relief hostage because they're insisting we've got to give tax relief to millionaires and billionaires to the tune of about $100,000 per millionaire, >> holman: on health care, the president was pressed about a government report showing health care costs on the rise. that, despite the passage of legislation aimed at bending down the cost curve. >> we didn't think that we were going to cover 30 million people for free, but that the long-term trend, in terms of how much the average family i
Search Results 0 to 10 of about 11 (some duplicates have been removed)